Former bank employee who embezzled about $42,830 banned by the Fed from participating in financial institution business

The Federal Reserve has barred former United Community Bank teller Katilyn M. Robinson from participating in the affairs of any financial institution after she misappropriated roughly $42,830 in branch cash from the Murphy, North Carolina office. The consent prohibition, announced in a Fed press release and effective November 9, follows Robinson's resignation in June 2025 and her guilty plea on January 9, 2026 to embezzlement under North Carolina law. The order states she siphoned cash from the branch vault and teller drawers from around 2024 until her departure. The case matters as a reminder of the compliance and internal-control standards the Fed enforces even at the branch level, with the formal ban ensuring she cannot serve at a regulated institution going forward.